Director of Compliance and Risk Management

Job Summary Provides strategic direction and oversight to the management team on compliance, audit, and risk management issues. Ensures audit and risk assessments are being conducted as dictated by Credit Union policy. Assures that the Credit Union and its business units adequately identify, measure, monitor and control the Credit Union’s operational, compliance, strategic and reputation risks relative to the products, services, and activities for which they are responsible. Duties/Responsibilities Coordinate with the executive management team to develop and maintain the risk, audit and compliance management programs. Assess risk management processes: ensure full audits are performed, including risk and control management to ensure compliance is met within all the company’s systems and processes, and oversee the implementation of their findings. Develop an annual audit calendar and program, manage third‑party providers to execute components of the audit program within budgetary guidelines, and act as a liaison with auditors ensuring that requested data is provided as needed. Determine the frequency and scope of audit based on the size, complexity and risk profile of the Credit Union. Maintain proficient knowledge of the current AML compliance climate, including BSA, USA Patriot Act, and OFAC regulations. Assist with the review of BSA compliance as needed. Perform oversight and, at times, review, monitoring and analysis of various reports, logs, and transaction data to identify trends, unusual activity and monitor large currency activity; oversee the filing of SAR reports and determine if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loan payments, certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, and so on. Act as a liaison between regulators, consultants, auditors and senior management regarding regulatory, internal audit, external audit and compliance matters, ensuring that Credit Union requested data is provided as needed. Oversee Fair Lending, UDAAP and consumer compliance risk assessment and monitoring. Oversee vendor due diligence and ongoing monitoring under the Credit Union’s Third‑Party Risk Program. Ensure cybersecurity risk is documented and evaluated through collaboration with IT and Information Security. Requirements BS or BA degree. CAMS certification a plus. 5 years or more of compliance management experience in a financial institution is required. NCCO designation preferred. Professional certification in a compliance‑related field or risk management preferred. #J-18808-Ljbffr The Atlantic Federal Credit Union